Now, I am not one to risk big $$, but IF I were a gambling man, I would jump on the condo (at 50% on the dollar of course:), get the place cash flowing, and if FEMA steps in, you just doubled your money thanks to the American tax payer.

Since then I am not only trying to get as much educated as I can but also to try and understand the American market and how to determine in what sub-market to invest. 

I have two rental properties in St Pete and now use ASI (American Strategic Insurance).  

I personally have and like American Home Shield.

A Franco-British-American "mouth sore", which the western Federal Republic of Germany made sure to keep alive and well.

I am an american citizen and have thought about the opportunity of investing in America but don't know much about how to do well from afar with limited knowledge.Is it worth me considering?

The Latin root is res, which is generally translated as things.”

Thirty year old, you had better wake the (bleep) up and take advantage of this time in the American real estate market, because unless you have wealthy parents who are going to leave you at least $1,000,000 or more, you will work the rest of your lives and/or will be a burden on your kids and their families!  

Most American investors have little or no idea about cross-border taxes (and they shouldn't - it's not their field).

If your a family person I would add Caribbean and South American locations as well to be closer to the USA if need be.